Answer:
These statements are correct.
Explanation:
It should be added that the treaty entered into force in 2012, five years after its signature. Bilateral US-South Korea is robust, but it isn´t exempted from controversy in both countries. President Donald Trump called for a revision, which was to be expected as the reduction of the American trade deficit is a main goal of his administration.
Answer:
Parent Nation : Great Britain , Parent Nation's (Great Britain's colony) : America , Foreign Market : Africa
Explanation:
As per 'Triangular Trade & Mercantilism' case study ; linking - Great Britain, West Africa & colonies in America. The trade relationship from A to B, B to C, C to A - has following three regions
- Parent Nation : Great Britain
- Parent Nation's (Great Britain's colony) : America
- Foreign Market : Africa
Eg : Great Britain manufactured goods supplied in Africa. In return, West Africa supplied cheap labour to colonial America. Colonial America further supplied goods needed by Great Britain.
<u>Answer:</u>
<em>Companies passed on production and transportation costs to consumers</em>
<u>Explanation:</u>
An increase in oil prices will add to a higher inflation level. This is on the grounds that transport costs will rise prompting more increased prices for many products. <em>This will be cost-push inflation which is very unique to inflation brought about by rising aggregate excess/demand growth. </em>
Consumers will see a decline in unrestricted income. They bear a higher cost of transportation, yet don't have the compensation of income rise. <em>Higher oil costs can prompt slower economic development – especially an issue if consumer spending is less.</em>
Answer:
In most systems, the prime minister is the presiding member and chairman of the cabinet. In a minority of systems, notably in semi-presidential systems, a prime minister is the official appointed to manage the civil service and execute the directives of the head of state.
Explanation:
Hope that helped!
